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Dividends and Distributions (Tables)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Schedule of dividends declared and distributions paid
The following tables summarize dividends declared and distributions paid to the holders of common shares for the six months ended June 30, 2020 and 2019.
Six Months Ended June 30, 2020
Month Declared/PaidDividend Per ShareDistributions DeclaredDistributions Paid
Common Shares Common Shares
(In thousands, except per share amounts)
December (2019)/January$0.2000  $—  $38,796  
December(a)
—  (169) Dividend equivalents accrued on unvested restricted stock units to be paid when the awards vest.
December (2019)/January—   Dividend equivalents paid on unvested restricted stock units that are not expected to vest (recognized as additional compensation).
March/April0.2100  42,568  42,568  
March(b)
—  (233) Dividend equivalents accrued on unvested restricted stock units to be paid when the awards vest.
March/April—  10  Dividend equivalents paid on unvested restricted stock units that are not expected to vest (recognized as additional compensation).
May/July0.2100  43,271  —  
$85,839  $80,976  
(a)Declared in December 2019 and included in the $38.8 million declared, see description to the right regarding timing of payment.
(b)Declared in March and included in the $42.6 million declared, see description to the right regarding timing of payment.
Six Months Ended June 30, 2019
Month Declared/PaidDividend Per ShareDistributions DeclaredDistributions Paid
(In thousands, except per share amounts)
December (2018)/January$0.1875  $—  $28,218  
December(a)
(127) Dividend equivalents accrued on unvested restricted stock units to be paid when the awards vest.
December (2018)/January Dividend equivalents paid on unvested restricted stock units that are not expected to vest (recognized as additional compensation).
March/April0.2000  30,235  30,235  
March (b)
(142) Dividend equivalents accrued on unvested restricted stock units to be paid when the awards vest.
March/April15  Dividend equivalents paid on unvested restricted stock units that are not expected to vest (recognized as additional compensation).
May/July0.2000  38,764  —  
$68,999  $58,206  
(a)Declared in December 2018 and included in the $28.2 million declared, see description to the right regarding timing of payment.
(b)Declared in March and included in the $30.2 million declared, see description to the right regarding timing of payment.